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Bill demanding details on sequestration heads to President's desk

Legislation forcing the White House to explain how the across-the-board budget cuts known as sequestration will affect individual agencies is now waiting for President Barack Obama's signature. The Senate unanimously approved the Sequestration Transparency Act of 2012 Wednesday, which requires the administration to detail within 30 days how the $1.2 trillion over 10 years in automatic cuts will be applied. The House passed its version of the bill last week in a 414-2 vote.

Tags: Congress , House , Senate , budget , OMB , sequestration , Paul Ryan , Patty Murray , John McCain , Sequestration Transparency Act ,

Thursday - 07/26/2012, 03:36pm EDT

Inspector General: SSA sitting on $134 million in uncashed checks

The inspector general for the Social Security Administration estimated the agency is sitting on about $134 million for benefit checks that sit uncashed by recipients for more than a year - money subsequently returned to the agency. But the IG report found most of the recipients who didn't cash their checks are still eligible for the assistance and the SSA could take additional steps to ensure they receive them.

Tags: SSA , Dean Landis , improper payments , SSA IG , management , oversight

Tuesday - 07/24/2012, 07:58pm EDT

House passes bill requiring White House to hand over sequestration details

The House handily approved a bipartisan bill requiring the Obama administration to provide more information about how automatic, across-the-board cuts, known as sequestration, will be implemented starting in January. While the vote cut across party lines, lawmakers continue to disagree about ways to come up with alternatives.

Tags: OMB , budget , Congress , House , sequestration , Paul Ryan , Chris Van Hollen , Todd Young , Jeff Zients , defense industry ,

Wednesday - 07/18/2012, 05:06pm EDT

OMB: Contingency operations subject to sequestration

The Office of Management and Budget has reiterated to lawmakers that the automatic, across-the-board budget cuts known as sequestration will apply to wartime funding. In a June 15 letter, to Rep. Buck McKeon, the chairman of the House Armed Services Committee, Office of Management and Budget Acting Director Jeff Zients wrote that the Budget Control Act allowed no "flexibility" to exempt Overseas Contingency Operations (OCO), from sequestration.

Tags: Congress , House , OCO , contingency operations , Buck McKeon , Ileana Ros-Lehtinen , Mike Rogers , sequestration , budget , Jeff Zients , OMB ,

Friday - 06/22/2012, 06:21pm EDT

Analysis: Sequestration would drive contractors over 'fiscal cliff'

Defense contractors are growing increasingly worried about the automatic, across-the-board budget cuts, known as sequestration, which are set to take effect in January. Marion Blakey, the president and CEO of the Aerospace Industries Association, said the cuts would hit the defense industry particularly hard.

Tags: Marion Blakey , AIA , industry , acquisition , DoD , sequestration , In Depth , Francis Rose ,

Monday - 06/18/2012, 09:59pm EDT
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Contingency contracting a slowly turning tide, budget shows

The State Department's share of overseas contingency contracting has grown over the last few years as the department took on new activities and functions as the military departed Iraq. Still, the budget shows, the Defense Department is the main player in overseas contingency contracting. And there's no guarantee Congress won't turn to the foreign affairs budget in its efforts to dramatically reduce the deficit.

Tags: Hillary Clinton , State , DoD , contracting , contingency contracting , budget , Congress , Inside the Worlds Biggest Buyer ,

Tuesday - 06/05/2012, 01:54pm EDT

Waste, fraud in Iraq put all eyes on DoD contracting

When the Defense Department began contingency contracting operations on a large-scale in Iraq in 2003 it was largely a trial by fire. Despite the best planning, DoD lacked the programs and practical solutions to handle the environment, officials say. Since then, commissions, panels and lawmakers have offered fixes and DoD has evolved to try to create "rock-solid" reforms. Federal News Radio examines these issues in the next part of our series, Inside the World's Biggest Buyer.

Tags: Dov Zakheim , Jacques Gansler , Alan Chvotkin , Gary Motsek , John Tierney , Harold McAlduff , Defense Acquisition University , DoD , State , acquisition , contracting , Commission on Wartime Contracting , Inside the Worlds Biggest Buyer ,

Tuesday - 06/05/2012, 02:22pm EDT
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Federal pension hike advances as part of House alternative to automatic cuts

A plan to avoid automatic cuts to discretionary federal spending, including the Defense Department's, advanced in the House, passing the budget committee and heading to the House floor for a vote later this week. Among the $300 billion in alternative cuts approved by the committee, in a 21-9 party-line vote, is a provision requiring federal employees to pay more for their retirement benefits.

Tags: Congress , House , budget , sequestration , Paul Ryan , pay and benefits , retirement ,

Monday - 05/07/2012, 09:11pm EDT

HUD seeks 'data-driven' approach to grants

The Department of Housing and Urban Development has unveiled a series of new online tools designed to streamline and modernize the way local communities apply for HUD grants. The eCon Planning Suite is a set of data and mapping technologies released to the 1,200 local communities that vie for HUD block grants, as well as to the public at large.

Tags: HUD , technology , Mercedes Marquez

Tuesday - 05/08/2012, 05:44pm EDT

5 things feds should know about Roth TSP

The Thrift Savings Plan's Roth option rolls out today. The Federal Retirement Thrift Investment Board has been preparing for the new program for two years now, but despite the big push today many federal employees will actually have to wait to enroll in the new program. One of the largest federal payroll processors needs more time to upgrade its systems in preparation for the Roth option. Find information about which agencies are affected, as well as the five things feds should know about the Roth TSP below.

Tags: Roth TSP , TSP , Kim Weaver , Bob Leins , pay and benefits , retirement , Ed Zurndorfer , Tammy Flanagan ,

Friday - 05/04/2012, 04:10pm EDT
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